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703 West Virginia Avenue

703 West Virginia Avenue, Bessemer City, NC 28016
Property in Gaston
Sold Aug 18, 2021
$112,500
$110,461 by Atlantic Bay Mortgage Group Ll
Mortgage Due Sep 01, 2051
Sold Oct 28, 2019
$35,000
$28,000 by State Employees Cu
Mortgage Due Nov 01, 2049
703 West Virginia Avenue in Bessemer City, NC was first built in 1972 and is 52 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a cottage style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 703 West Virginia Avenue has 600 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 22,651 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of shingle (not wood). For those who need parking, there is a detached garage. The garage is 336 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of E+. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. As for heating, the home is utilizing a central heating system. The property was last sold in Aug 17, 2021 for $112,500. That's $187.50 per sqft. Prior to that sales transaction, the property was also sold in Oct 11, 2019 for $35,000. 703 West Virginia Avenue was last assessed in 2023. The total value of the property was assessed at $59,000. Specifically, the land the property is located on was valued at $10,000. While improvements on the property were assessed at a total of $49,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $625. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: E+
  • Construction Type: Wood
  • Building Style: Cottage
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 336
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Lot Size Frontage Feet: 0
  • Total Building Area: 600
  • Building Area: 600
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SECTION 2 BESSEMER CITY
  • Land Acres: 0.52
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: BESSEMER CITY BLK 34 L 17-22 02 011 025 00 000

Ownership

  • Current Owner : FELDMAN PETER
  • Previous Owner : LEWIS PATRICK
  • Previous Owner 2: LEWIS JESSE
  • Owner Before Previous Owner: BROWN LENOLE
  • Owner Before Previous Owner 2: BROWN DIANNE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gaston County Schools
  • School Tax School District: BESSEMER CITY
  • Census Tract: 030801

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MP 1 PG 75
  • District: BESSEMER CIT
  • Parcel: 121085
  • Block: 34
  • Municipality: BESSEMER CITY
  • Latitude: 35.2836
  • Longitude: -81.2973

    Address

  • Full Address: 703 W Virginia Ave
  • Address - House Number: 703
  • Street Direction: W
  • Address - Street Name: Virginia
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Bessemer City
  • Carrier Code: C002
  • 4-Digit Zip Code: 2218
  • Zip Code: 28016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $625

    Appraisal Valuation

  • Standard Deviation: 0.2434
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 65
  • Final Value: 130,301
  • High Value: 162,018
  • Low Value: 98,584

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $113,342
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Aug 18, 2021
  • First Open Lien Mortgage Loan Amount: $110,461
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Aug 01, 2023
  • Second Open Lien Mortgage Loan Amount: $2,881
  • Second Open Lien Mortgage Term: 336
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $35,090
  • Market Land Value: $8,500
  • Market Improvement Value: $26,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,000
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $49,000

    Sales

  • Current Sale Contract Date: Aug 17, 2021
  • Current Sale Recording Date: Aug 18, 2021
  • Current Sale Transaction ID: 11858139174
  • Current Sale Price: $112,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 28, 2019
  • Previous Sale Contract Date: Oct 11, 2019
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Aug 18, 2021
  • First Mortgage Loan Amount: $110,461
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: STATE EMPLOYEES CU
  • Previous Mortgage Transaction Date: Oct 28, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $28,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2049

About Bessemer City



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Frequently Asked Questions

What neighborhood is 703 West Virginia Avenue located in?
The 703 West Virginia Avenue is a located in the neighborhood of Gaston in Bessemer City, Bessemer City.
What is the average sales price for listings in 703 West Virginia Avenue?
The average sales price for units in 703 West Virginia Avenue is $0 currently.

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